The delinquency rate on commercial mortgage-backed securities (CMBS) dipped by 1 basis point in January to 6.56%, according to data from Trepp Inc. One year ago, the CMBS delinquency rate was 4.66%. “This pullback follows six straight months of increases to the...
North Dakota legislators are considering a bill that would expand the age and income eligibility for the state’s homestead property tax credit. The homestead property tax credit program allocates state funds to local governments to compensate for the property tax...
The National Association of Realtors (NAR) is now accepting applications for its 2025 Good Neighbor Awards that honors real estate agents who “demonstrate exceptional dedication to volunteer service and have lasting impacts on their communities.” Five winners will...
President Trump has named Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau (CFPB). Bessent will take the leadership role from Rohit Chopra, the Biden administration’s appointee for the CFPB director who was fired on...
The National Association of Home Builders (NAHB) has voiced its opposition to President Trump’s 25% tariff on Canadian and Mexican goods coming into the United States. Carl Harris, NAHB chairman and a custom home builder from Wichita, Kansas, issued a statement on...
President Trump’s Saturday morning firing of Consumer Financial Protection Bureau (CFPB) Rohit Chopra generated a split reaction, with Republicans welcoming the ouster of the Biden-appointed regulator and Democrats not sharing that enthusiasm. Sen. Tim Scott (R-SC),...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
